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Iran Warns of $140 Oil as Trump Holds Hormuz Blockade

Iran warns oil could hit $140 as Trump keeps the Hormuz blockade in place and Tehran refuses to return to talks. Oil prices could spike to $140 per barrel as the U.S. is keeping its blockade outside the Strait of Hormuz, Iran says and signals it won’t open the chokepoint to free traffic and won’t return to negotiations unless the American blockade is lifted. Th... [1761 chars]

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